Cheap Apartments for Rent in Eddy County, NM from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Eddy County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Falcon Flats
1 to 3 Bedroom Apartments

Falcon Flats

309 S 6th StLoving, NM 88256
Furnished
  • Smoke Free
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20 Vincent Rd
4 Bedroom Apartments

20 Vincent Rd

20 Vincent RdCarlsbad, NM 88220
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905-909 S 3rd
Studio Apartments

905-909 S 3rd

905-909 S 3rdArtesia, NM 88210

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roselawn Manor
1 to 3 Bedroom Apartments

Roselawn Manor

800 S Roselawn AveArtesia, NM 88210
Senior Living
  • Utilities Included
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Arrowstone Apartments
1 to 3 Bedroom Apartments

Arrowstone Apartments

806 Hidalgo RdCarlsbad, NM 88220
  • Utilities Included
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Copperstone Apartments
1 to 3 Bedroom Apartments

Copperstone Apartments

1101 Callaway DrCarlsbad, NM 88220
  • Utilities Included
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Village at Carlsbad
1 to 2 Bedroom Apartments

Village at Carlsbad

3821 National Parks HwyCarlsbad, NM 88220

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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River Oaks Apartments
1 to 3 Bedroom Apartments

River Oaks Apartments

210 W Riverside DrCarlsbad, NM 88220
  • Utilities Included
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Colina Vista
1 to 3 Bedroom Apartments

Colina Vista

604 N 5th StCarlsbad, NM 88220
  • Utilities Included

Cheapest Available Eddy County Apartments for Rent

 

The cheapest available apartment rental in Eddy County, NM is a 1 Bed unit found at EMLI Artesia: Income Qualify Today priced from $987. Yucca Flats Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Eddy County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$987
Yucca Flats ApartmentsOne Bedroom1BR,1BA$999
Eagle CreekOne Bedroom1BR,1BA$1,049
Vista del SolOne Bedroom1BR,1BA$1,150
Vista Del Rio-FREE UtilitiesOne Bedroom1BR,1BA$1,199

Best Value Apartments for Rent in Eddy County, NM

As of June 05, 2026 the best value apartment in the Eddy County area is the $1.68 price per square foot Mariposa Model at Avalon at Carlsbad in the starting from $1,550. The second greatest value Eddy County apartment is the B2 Model at Village at Carlsbad starting at $1,685 with a $1.87 price per square foot . Here is today’s list of the best values for Eddy County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon at CarlsbadMariposa2BR,2BA$1.68
Village at CarlsbadB22BR,2BA$1.87
Tia MariaTwo Bedroom2BR,1BA$1.39
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
RiverwoodA11BR,1BA$1.58
Vista del SolOne Bedroom1BR,1BA$1.60
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Eagle CreekOne Bedroom1BR,1BA$1.54
Vista Del Rio-FREE UtilitiesOne Bedroom1BR,1BA$1.94

Frequently Asked Questions about Cheap Eddy County Apartments

How much is rent for a Cheap One Bedroom Eddy County Apartment?

The lowest price for a Cheap One Bedroom Eddy County Apartment is $987 at EMLI Artesia: Income Qualify Today.

What is the lowest price for a Cheap Two Bedroom Eddy County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Eddy County is starting from $1,099 at Yucca Flats Apartments.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.